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Question: Where blockchain can be used?
Finance - 2 (50%)
else? - 2 (50%)
Total Voters: 4

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Author Topic: Any other areas that blockchain can be used?  (Read 579 times)
BitBustah
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June 26, 2019, 11:58:47 AM
 #21

I've seen some companies testing it out in supply chains and registration information like titles and contracts.  None of them seem to be taking off though and the biggest use case remains to be censorship resistant money that can't be manipulated big a single party.
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June 26, 2019, 12:06:03 PM
 #22

Blockchain is more popularly used in the fields of finance such as trading and banking, but there are also some companies that are engaged in other fields such as medical and educational advertising that utilize blockchain technology. They consider that using blockchain technology is more efficient and effective both in terms of economy and engineering. For example, if a hospital uses a blockchain system in conducting a patient's medical record, the patient will be faster and more precise in getting medical treatment.
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June 27, 2019, 11:39:58 AM
 #23

Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.
Blockchain is not just for cryptocurrencies but it can be apply in different industries.Its the main reason why there are a lot of ICO’s popping out out nowadays proposing to solve different problems in different areas and ecosystems.
The challenge I have with some of the ICO that are proposing solutions to the problems that blockchain would have ordinarily solved, are themselves not fully acquainted with the whole blockchain technology itself, they only implement certain percentage of the total package and that is all, they release it and does not get the full response from its product.

Most ICO now only see blockchain technology from the aspect of cryptocurrency and then avenue to raise fund, there are so many projects that I have seen in this industry with very solid blockchain concept, but they don’t get to see the light of the day as a result of mismanagement and lack of passion from the side of the project developers. Blockchain is really much more than what some of these ICO’s are using it for or call it to be.

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June 27, 2019, 11:44:28 AM
 #24

Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.
Some People are really so dumb… what does Blockchain has to do with HEALTH?? Even if Blockchain was going to be used in hospitals, it's still going to be for the purpose of carrying out transactions. But according to the op, he is asking if there is any other use for Blockchain technology apart from the finance section. So why do I see some people mentioning health then? As for those mentioning that it can be used for voting… what makes you think that the Blockchain technology will be a better option for casting votes?? If users are going to be anonymous, then anyone can cast as much votes as they want. Doesn't make any sense.
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June 27, 2019, 01:39:27 PM
 #25

The blockchain system could be used very well in sports if you ask me. I know it sounds far fetched but we all know who Messi is or Lebron James is or Nadal is, yet we don't know the small time local people at all.

If you use blockchain to give these people voices too you can have a scouting system in all over the world for any sport you want, there will be difficulties like who will put the data in and how legit it will be but if you have agreements with the sports officials to put them in instead of teams itself then you can find someone from 7th league of English soccer league from all the way in Nigeria or vice versa to find people that are way above their leagues and plays much better than others comparatively. That is why in sports blockchain could make a huge change in scouting and bring all sports into football manager level of scouting as well.

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June 27, 2019, 02:13:36 PM
 #26

Blockchain more popular using in finance area because everything talking about blockchain is not far away from finance and investing or money, always use great opportunity with blockchain to get much profit with your assets.
Agreed! It is not just in a form of cryptocurrency but blockchain can help in finance area. You can use it in auditing and giving the tranparency among your clients. In fact, blockchain may helps also democratic country to vote candidates during election. It can count votes with a transparent result for the citizen. A lot of things we can make using blockchain. That is why many projects are fir to use it.

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June 29, 2019, 02:00:33 PM
 #27

Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.
Blockchain technology is a very impressive and revolutionary idea that opens up a lot of windows for new ways for make our lives easier, to some people they only relate it to bitcoin and financial transfers, but blockchain is a way to eliminate any need for a third party where there is some sort of transfer between tow people, so it could be applied in many fields, such as data transfer, storing critical information since it can not be changed, and many more, blockchain has so much potential and we are still yet to find was to implement it into our daily lives.
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June 30, 2019, 06:27:10 AM
 #28

Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.

There are many, many potential use cases. This is truly transformative tech that can have a big impact across society.
Picking just one important use, I'd say smart contract platforms such as ETH will be huge. It's not just an ICO platform, ETH can be used to automate many things in society. Any interaction that is rule-based and can be codified is a candidate for automation using ETH.
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June 30, 2019, 07:54:53 AM
 #29

It seems to me that Blokchain will be used by highly developed countries in the field of public administration.  Some governments have already said that using the blockchain technology, it will be possible to create a smart digital country system where citizens can access all the necessary state resources using their smartphones and at the same time do not need to visit any offices in person.  Using the blockchain, you can vote or receive various data, as well as send requests for documents from different ministries or structures.  The field of activity is very large.

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June 30, 2019, 01:32:28 PM
 #30

I've seen some companies testing it out in supply chains and registration information like titles and contracts.  None of them seem to be taking off though and the biggest use case remains to be censorship resistant money that can't be manipulated big a single party.

Blockchain can be used in many other forms and fields. In my country, some authorities are working to develop a blockchain based land revenue based system which will store all the land data in the blockchain which will make it secure and no one can modify the records from a blockchain based system.
Projects based on blockchain cannot be tempered and hence are secure.

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June 30, 2019, 03:48:37 PM
 #31

I've seen some companies testing it out in supply chains and registration information like titles and contracts.  None of them seem to be taking off though and the biggest use case remains to be censorship resistant money that can't be manipulated big a single party.

Blockchain can be used in many other forms and fields. In my country, some authorities are working to develop a blockchain based land revenue based system which will store all the land data in the blockchain which will make it secure and no one can modify the records from a blockchain based system.
Projects based on blockchain cannot be tempered and hence are secure.
The blockchain is very useful in all fields. because the advantages of the blockchain are very profitable. so blockchain can be used in any field. so we don't need to doubt the blockchain to date. because the superiority is very large
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July 01, 2019, 12:17:45 PM
 #32

Actually blockchain is not only used in financial areas, many people in this forum are discussing the future of the blockchain, such as adopting blocks in elections, industry, hospitals, etc. Maybe now many people know blockhain in financial terms only and that's natural because they know blockchain from bitcoin.
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July 01, 2019, 06:40:39 PM
 #33

Projects based on blockchain cannot be tempered and hence are secure.
That only applies to distributed ledgers such as Bitcoin and Ethereum. Most projects we see nowadays don't aim to be decentralized, but offer scalability and extremely fast settling transactions.

People need to understand that you don't need an inconvenient and very expensive immutable ledger for every application. At one point they will also understand that they don't need a blockchain at all.

Databases are more efficient and allow for more scalability. Another thing is that it can be semi tamper proof by having a log-system in place. Not as secure as Bitcoin of course, but secure enough to do the job.

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July 02, 2019, 07:45:39 PM
 #34

I often participate in Bounty companies of various projects that have developed certain ideas for different spheres of human activity.  This is not only trade or gambling, but also in education, cargo transportation and in many other industries.  I think the blockchain has already found its niche world to use it.
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July 02, 2019, 09:04:23 PM
 #35

I often participate in Bounty companies of various projects that have developed certain ideas for different spheres of human activity.  This is not only trade or gambling, but also in education, cargo transportation and in many other industries.  I think the blockchain has already found its niche world to use it.
In my country, the government has also always stated that it will use the blockchain for the electoral system and in medicine, as well as in other areas of government, but nevertheless these conversations have remained only at the conversation level.
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July 03, 2019, 07:40:15 PM
 #36

In China, they launched a very interesting blockchain program based on the giant Ali Baba, where they will detect counterfeit food.  First of all, they are now trying to control the supply of medicines from New Zealand, as well as some food products from other countries.  This is a very interesting project, and unusual, considering all areas where the blockchain was used before.

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July 08, 2019, 05:37:31 AM
 #37

Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.
Whenever this question is being asked, you see people saying even the rubbish they know nothing about. I have even seen some people that will come out and say that Blockchain can be used in hospitals apart from finance, lolzzz… sick people. How do you make use of Blockchain in a hospital if not for finance? Do you now make use of Blockchain in treatment? I have also seen those that claims that it can be used for voting since it provides transparency. Blockchain, the way I see it, can’t be good for voting well that is if it’s going to be what imagined… unless it’s going to be something different.
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July 08, 2019, 06:08:35 PM
 #38

Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.
Whenever this question is being asked, you see people saying even the rubbish they know nothing about. I have even seen some people that will come out and say that Blockchain can be used in hospitals apart from finance, lolzzz… sick people. How do you make use of Blockchain in a hospital if not for finance? Do you now make use of Blockchain in treatment? I have also seen those that claims that it can be used for voting since it provides transparency. Blockchain, the way I see it, can’t be good for voting well that is if it’s going to be what imagined… unless it’s going to be something different.
An international organization called Black Book conducted research among various organizations and companies that are somehow related to health care, then according to a survey it turned out that blockchain is already used quite often in health care.  We are not talking about treatment, but with the help of blockchain, completely different problems are solved that are very important for health care.
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July 08, 2019, 10:31:08 PM
 #39

Looks like you are thinking limited on the limitless field. Blockchain is more common in this market, but is able to implement in most areas. Take a look at this : https://www.forbes.com/sites/bernardmarr/2018/05/14/30-real-examples-of-blockchain-technology-in-practice/#75b494ef740d
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July 09, 2019, 06:33:52 AM
 #40

Facebook and Libra are focusing on Financial area. Is there any other area that blockchain can be used?? It's hard for me to imagine anything else.
Whenever this question is being asked, you see people saying even the rubbish they know nothing about. I have even seen some people that will come out and say that Blockchain can be used in hospitals apart from finance, lolzzz… sick people. How do you make use of Blockchain in a hospital if not for finance? Do you now make use of Blockchain in treatment? I have also seen those that claims that it can be used for voting since it provides transparency. Blockchain, the way I see it, can’t be good for voting well that is if it’s going to be what imagined… unless it’s going to be something different.
LOL, very funny man. Now you tell us what blockchain is really useful for since you have a better understanding of it. We have lots of people that are so confused about the whole blockchain technology of a thing, and that is why it is a forum created for us to have understanding of this new system that has been created, anyone you see digressing out of the purview of what blockchain is, you could just call the person’s attention to it and let the person understand.

This is one of the reason why we have so many shitcoins in the market, most of them apply blockchain for things that are not even necessary, once they just hear cryptocurrency, they assume that is the blockchain itself, and everyone wants to generate money through it and create a cryptocurrency, and you see many investors who lacks the understanding also investing.
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